More than a year of clashes that recently escalated into war have cost Lebanon more than $5 billion in economic losses, with actual structural damage amounting to billions more, the World Bank said according to . In its Lebanon report, the World Bank provided estimates for damage between October 8, 2023 and October 27, 2024, saying “the conflict has caused $5.1 billion in economic losses”, with damage to physical structures amounting to “at least $3.4 billion” on top of that. The losses are “largely concentrated in the commerce and tourism and hospitality sectors … as well as in the agriculture sector”, the report said.